22 Jul

West country affordability concerns highlighted

West country affordability concerns highlighted

Young people based in the south-west have stated that they cannot afford to get on the property ladder and as a result they remain at home with their parents.

Volunteers who attended last month's Glastonbury festival in Somerset were polled by Mendip Housing, the Aster Group and the Chartered Institute of Housing (CIH), with 25 per cent having said that homes are not available.

In the coming five years, 54.8 per cent of those questioned remarked they want to own their own property, yet 23.3 per cent added that they want to rent.

"The south-west is now recognised as having the worst affordable housing crisis in the UK outside London. The region has for some time had the biggest affordability gap, between average earnings and average house prices," commented CIH south-west region official Wendy Murphy.

It is more difficult for people to get on the housing ladder in cities with strong economies such as Bristol, Centre for Cities has noted.ADNFCR-1222-ID-18696368-ADNFCR

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